Consumer confidence in Australia picked up steam in January, the latest survey from Westpac Bank revealed on Wednesday as its index jumped 1.8 percent to a score of 105.1.

That follows the 3.6 percent spike in December to a reading of 103.3.

A reading above 100 indicates that optimists outnumber pessimists.

The material has been provided by InstaForex Company – www.instaforex.com

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